The NIH has announced final revisions to the Conflict of Interest in Research regulations. The compliance date for the revised regulations is August 24, 2012. Over the next year, we will be working to revise our policies and procedures to reflect these new requirements.
How will this affect you?
What must be disclosed has changed significantly, and will include:
- all significant financial interests related to institutional responsibilities
- compensation or stock amounts greater than $5000
- any reimbursed or sponsored travel (excluding that sponsored by a government agency or another university)
New financial interests must be disclosed within 30 days of obtaining the financial interest.
In the event of non-compliance, a retrospective review must be completed in order to determine whether any PHS funded research conducted during the period of noncompliance was biased in the design, conduct, or reporting of such research.
Investigators must be trained on requirements every four years (at minimum).
No changes to disclosures need to be made at this time. Stay tuned for more information and opportunities to provide input during this process.